More from these Authors

• Working Paper | 2018

  Large Banks and Small Firm Lending

  Vitaly Bord, Victoria Ivashina and Ryan D. Taliaferro

  We show that since 2007, there was a large and persistent shift in the composition of lenders to small firms. Large banks impacted by the real estate prices collapse systematically contracted their credit to all small firms throughout the United States. However, healthy banks expanded their operations and entered new banking markets. The market share gain of these banks was a standard deviation above the long-run historical market share growth and persists for years following the financial crisis. Despite this offsetting expansion, the net effect of the contraction in credit was negative, with lower aggregate credit and deposits growth as well as lower entrepreneurial activity through 2015.

  Keywords: Banks and Banking; Financing and Loans; Small Business; Financial Crisis;

  Citation:

  Bord, Vitaly, Victoria Ivashina, and Ryan D. Taliaferro. "Large Banks and Small Firm Lending." NBER Working Paper Series, No. 25184, October 2018.  View Details

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• Article | Journal of Experimental Social Psychology

  Pride to Cooperate: The Consideration of Pride Promotes Cooperation in a Social Dilemma

  Anna Dorfman, Tal Eyal and Yoella Bereby-Meyer

  In social dilemmas, broad collective interests conflict with immediate self-interests. In two studies, we examine the role of pride in guiding cooperative behavior in a social dilemma. We find that the consideration of pride led to more cooperation compared to the consideration of joy or a control condition (Study 1) and compared to the consideration of enjoyment (Study 2). The importance participants assigned to cooperation mediated this effect of emotion on cooperation (Studies 1 and 3). We suggest that because pride is linked to pro-social behavior, considering pride activates the concept of pride which in turn makes related behavioral representations more accessible and thus increases cooperation.

  Keywords: social dilemma; cooperation; pride; joy; social emotions;

  Citation:

  Dorfman, Anna, Tal Eyal, and Yoella Bereby-Meyer. "Pride to Cooperate: The Consideration of Pride Promotes Cooperation in a Social Dilemma." Journal of Experimental Social Psychology 55 (November 2014): 105–109.  View Details

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• Article | Journal of Experimental Psychology: General | April 2014

  Between Self-interest and Reciprocity: The Social Bright Side of Self-control Failure

  Eliran Halali, Yoella Bereby-Meyer and Nachshon Meiran

  Despite the importance of reciprocity in many areas of social life, little is known about possible factors affecting it and its interplay with the self-interest motive to maximize one’s own gains. In this study, we examined the role of cognitive control in reciprocal behavior to determine whether it is a deliberate and controlled act or whether the behavior is evoked automatically. In Experiment 1, depletion of cognitive control resources increased the rate of rejected unfair offers in the ultimatum game despite associated financial loss. In Experiments 2A and 2B, using 2 depletion manipulations, we extended these results and showed that depleted participants returned more money in response to highly trusting investments during the trust game. These results suggest that reciprocity considerations are actively suppressed when attempting to maximize one’s own gains. When cognitive control is limited, this suppression becomes difficult, and consequently reciprocity considerations prevail.

  Keywords: cognitive control; ego depletion; fairness; trust game; ultimatum game; reciprocity; self-control failure;

  Citation:

  Halali, Eliran, Yoella Bereby-Meyer, and Nachshon Meiran. "Between Self-interest and Reciprocity: The Social Bright Side of Self-control Failure." Journal of Experimental Psychology: General 143, no. 2 (April 2014): 745–754.  View Details

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